New Age Metals (CVE:NAM) Reaches New 12-Month Low – Here’s Why

New Age Metals Inc. (CVE:NAMGet Free Report) shares reached a new 52-week low on Thursday . The stock traded as low as C$0.07 and last traded at C$0.08, with a volume of 87001 shares. The stock had previously closed at C$0.08.

New Age Metals Price Performance

The stock has a market capitalization of C$4.17 million, a P/E ratio of -7.50 and a beta of 1.32. The business’s 50 day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.08. The company has a quick ratio of 17.88, a current ratio of 11.85 and a debt-to-equity ratio of 0.84.

New Age Metals Company Profile

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New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.

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